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A Well-Designed Business® | Interior Design  Business Podcast

813: Power Talk Friday: Terri Taylor: Design Fees VS Hourly Billing — Why Are Flat Fees the Way to Go?

A Well-Designed Business® | Interior Design Business Podcast

LuAnn Nigara

Design, Business, Arts

4.9810 Ratings

🗓️ 30 September 2022

⏱️ 58 minutes

🧾️ Download transcript

Summary

Today with Terri Taylor:  Welcome to A Well-Designed Business, it’s Power Talk Friday! Today’s Power Talk Friday is sponsored by Interior Design Business Academy. Terri knows how to create successful design businesses—and this time she is here to teach us all about design fees VS hourly billing! More About Terri Taylor: Terri Taylor is a frequent speaker and guest lecturer at design conferences and showrooms throughout the country. She speaks on a number of topics related to the business of interior design, including: business practices, sales, marketing, motivation, leadership, success and personal growth. Ms. Taylor is nationally known as an interior design business expert and coach who teaches and mentors interior designers to help them create successful design businesses. Terri has over 32 years in the interior design and construction business. She holds both residential and commercial general remodeling Arizona Contractors Licenses, and qualified for her NCIDQ certification in 1991. Terri is a professional member of ASID, IDS and NCIDQ. Her Tucson-based design studio, Taylor Design Group, was a diversified design practice working in the areas of high-end residential design and remodeling, model home merchandising, hospitality and medical and professional offices. Her studio has been the recipient of ASID Arizona South Chapter Design Excellence Awards every year since 1986 and she received the ASID National Design Excellence Award in 2000.  Terri’s design work has been published in regional and national design journals, including ASID ICON and Wall St. Journal. Terri retired from her studio practice in 2015. In 2009, Ms. Taylor created Design Biz Blueprint (now Interior Design Business Academy); an education and coaching resource that provides a unique mix of design business strategies and systems, and powerful positive mindset to help interior designers create meaningful success. She’s inspired thousands of interior design entrepreneurs through her speaking engagements, seminars, on-line education and coaching. Terri connects with heart-centered designers to help grow their business strategy, accountability, and profitability all while undergoing a beautiful personal transformation. Connect with Terri Taylor Website  Instagram  Blog Other Shows Mentioned: #763: Power Talk Friday: Terri Taylor: The Real Deal and Charging Your Worth #710: Power Talk Friday: Terri Taylor: Get Paid What You are Worth. Sponsored by Interior Design Business Academy Summit 2021 #662: Power Talk Friday: Terri Taylor: Stepping Into Profitable Kitchen Remodels. Sponsored Show: Interior Design Business Academy #602: Terri Taylor: Interior Design Business Academy 2020 Summit #548: Terri Taylor: Calculating Flat Fees & Budgets A Big Thank You to Today's Sponsor: Today's show is sponsored by Terri Taylor and The Interior Design Business Academy. Check out all the details on https://interiordesignbusinessacademy.com/

Transcript

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0:00.0

This episode is sponsored by Revelwoods. Revelwoods is your source for premium hardwood and resilient

0:06.7

flooring. Using the Revelwoods selector tool, you will be able to find curated suggestions for

0:11.8

each specific project based on criteria such as style, color, zip code, and usage. Because the species

0:19.3

of wood that performs in a laundry room in Key West is not

0:22.7

going to be the same as the wood that will perform in a living room in Chicago. And how do you know that?

0:28.2

Well, Revelewoods helps you. Know before you specify. And when you sign up for a free professional

0:33.9

membership, you'll get access to exclusive discounts and referral benefits.

0:38.5

Visit revelwoods.com to get started.

0:52.9

Welcome to a well-designed business.

0:55.0

My name is Luann Nigara, and I'm so glad you found this podcast.

0:59.0

Together with my husband Vince and our partner Bill, we have grown our company Window Works from the ground up,

1:05.0

so I know and I understand the challenges you face in running your interior design business. I also know that your

1:12.7

talent alone isn't enough to ensure your success. So on this podcast, we talk about strategies and

1:19.8

practical steps to help you grow your business. But make no mistake about it, we have our share

1:25.0

of fun here too, mixed in with those aha moments that I love so

1:29.0

much. This isn't fluff. Nobody has time for that. Whether you are a new interior designer or a

1:35.1

season designer, I am here to help you create and to manage the kind of interior design firm

1:40.7

that you dream of. It's straight talk and it's action.

1:44.8

Are you ready?

1:45.9

Let's get started.

1:52.2

Hi, welcome to a well-designed business.

1:57.2

Today is a sponsored show by Interior Design Business Academy, which means that Terry Taylor is back.

...

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